European Manufacturing Crisis Causes and Current Challenges
Europe’s manufacturing sector is currently facing significant challenges, with the August Purchasing Managers’ Index (PMI) indicating a worsening downturn. Germany…
Category: Business
Bank of France Governor supports ECB rate cut in September
François Villeroy de Galhau, the Governor of the Bank of France, is advocating for a reduction in interest rates by…
EU Countries Where People Can’t Afford Holidays
The trend of travel among Europeans showcases the stark economic disparities present across the EU, revealing where financial limitations significantly…
EU Eurozone unemployment figures for July 2023
Eurostat has unveiled its latest findings on unemployment rates across the EU and Eurozone for July 2024. According to data…
Germany inflation rate drops to lowest level since March 2021
In August 2024, Germany’s inflation rate fell to 1.9%, marking its lowest level since March 2021. This decline has raised…
China delays EU brandy tariffs amid ongoing subsidy dispute
Beijing is taking steps to ease trade tensions following the European Union’s decision to impose tariffs on Chinese electric vehicles…
Talgo takeover Brussels approves Spain’s veto on Hungary bid
The European Commission has raised no objections to Spain’s decision to veto Hungary’s attempt to acquire Talgo, a prominent domestic…
Economic Sentiment Rises Services Rebound DAX Reaches Highs
In August, a surge in economic sentiment was observed across the eurozone and European Union, driven by a thriving services…
Serbia’s Lithium Strategy Balancing EU and China’s Influence
French President Emmanuel Macron is set to visit Serbia just months after hosting Serbian President Aleksandar Vučić in Paris. This…
Rising Back to School Uniform Costs Strain Family Budgets
The financial burden of back-to-school supplies has reached alarming heights, with reports indicating that indebted parents carry an average debt…
China semiconductor export curbs heighten chip shortage concerns
China’s recent export restrictions are widely viewed as a countermeasure to the United States’ export controls on advanced semiconductor chips,…
German Economy Declines as Consumer Spending Decreases
Germany’s economy contracted by 0.1% in the second quarter of 2024, fueling fears of a potential recession. The decline in…